The company reported a net profit of S$3.1 billion for the year ended March versus S$5.47 billion a year ago, which had included a divestment gain from the listing of its broadband unit NetLink NBN Trust.

Analysts had an average estimate of S$3.08 billion for the full-year net profit, according to Refinitiv data, which showed the results marked Singtel's lowest headline profit since its 2003 fiscal year.

Underlying net profit for the year fell 21 percent to S$2.83 billion.

The group's consolidated revenue is expected to grow by a mid-single digit and its consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) is forecast to be stable for the year ending March 2020.